Load Funds: What You Need to Know

Load Funds: What You Need to Know

What is a Load Fund? A load fund is a mutual fund that charges a sales commission or load when you buy or sell shares. The load is typically a percentage of the amount you invest, and it can range from 1% to 5%. Load funds are often sold through financial advisors or...
Target-Date Funds

Target-Date Funds

Saving for retirement can be a daunting task, but it doesn’t have to be. Target-date funds are a simple and easy way to invest in your future. Target-date funds are mutual funds that are designed to help you reach your retirement goals. They automatically adjust...
What are Passively Managed Funds?

What are Passively Managed Funds?

Passive investing is a strategy that involves investing in funds that track a particular market index, such as the S&P 500. This means that the fund’s performance will closely mirror the performance of the index. Passively managed funds are often referred to...